BTCUSD $7,460 weekly pivot
Bitcoin has started the new trading week with a strong bid-tone as bulls continue to hold the number one crypto above the pivotal $7,460 level. Continued gains above the $7,460 level could see the BTCUSD pair rallying towards the $9,000 resistance level. Sustained weakness beneath the $7,460 level may cause the BTCUSD pair to fall back towards the $7,200 support area.
The BTCUSD pair is only bullish while trading above the $7,460 level, key resistance is found at the $8,000 and the $8,800 levels.
If the BTCUSD pair trades below the $7,460, sellers may test the $7,200 and $7,000 support levels.